WVEL News Scope: Ford Motor Company Cutting 7K+ Salaried Jobs Worldwide

(Photo By Flickr User Barb Crawford)

 

On last week, Ford Motor Co. announced that it has eliminate about 10% percent of its global salaried workforce, cutting about 7,000 jobs by the end of August as part of its larger restructuring.

The move is expected to save the automaker $600 million annually.

Ford Chief Executive Jim Hackett said in an email to employees that the cuts include both voluntary buyouts and layoffs, and a spokesman added it freezes open positions as well.

About 2,300 of the affected people are employed in the United States, the spokesman said.

According to ABC News, the cuts come as U.S. President Donald Trump has harshly criticized automakers, especially General Motors, for cutting jobs, but has focused primarily on blue-collar cuts at factories rather than white-collar reductions.

The White House did not immediately comment on Ford’s salaried cuts.

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